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Young Guns of Gold Podcast – ‘The Everything Bubble’

 – Young Guns of Gold Podcast – ‘The Everything Bubble’
– Precious Metal Roundtable discuss gold in 2017 and outlook
– Gold +9.1% year to date; Performing well given Fed raising rates, lack of volatility and surge in stock markets
– “People are expecting too much from gold”

– Economy: Inflation indicators, recession on the horizon, global debt issues
– Global demand: ETF inflows, Russia central bank purchases, Germany investment figures and international coin demand bode well for gold
– “First monetary inflation, then asset inflation, next is price inflation …”
– Gold bull market resumed; silver should outperform gold

Global Precious Metals Roundtable

- Click to enlarge

Indicators point to inflation, a recession is on the horizon and the ‘Everything Bubble’ is the great threat to financial stability – these are the conclusions of the Young Guns of Gold who hosted a Precious Metal Roundtable, this week.

Jan Skoyles from GoldCore and Jordan Eliseo of Australia’s ABC Bullion were hosted by Ronald Stoeferle of Incrementum in a reboot of their Young Guns of Gold podcast.

The Young Guns of Gold discussion was broken into three parts:

  1. Gold, Markets and Macro
  2. Gold’s Role in a Portfolio, 2017 and beyond
  3. Gold on the international stage
  4. Engagements and buying diamonds : )

Portfolio performance, Jan 1987 - Sep 2017

Portfolio performance, Jan 1987 - Sep 2017

- Click to enlarge

 Executive Summary

  • High expectations of Trump’s reflationary growth policy dampened the gold price increase in 2016. However, Gold was still up 8.5% in 2016 and is up 10.6% since Jan. 2017.
  • The further development of the normalization of monetary policy in the US is the litmus test for the US economy and it is decisive for how the gold price will develop.
  • If the normalization of monetary policy does not succeed – which we expect so – gold will pick up momentum.
  • Based on the premise that the bull market in gold has resumed, we expect the gold-silver ratio to decline.
Full story here
Jan Skoyles
Jan was inspired to work in the gold and silver investment markets after working with fund manager Ned Naylor-Leyland, at Cheviot Asset Management. After working with Ned in 2010 Jan wrote her dissertation on the use of precious metals in the monetary system, and graduated with first class honours from Aston University in 2011. Jan then joined The Real Asset Company, and became Head of Research in September 2012. Her thoughts and opinions on gold prices, when to buy gold, how to buy gold, and many other issues facing gold investors, are sought by a range of media including investment sites such as Kitco, GATA, Lewrockwell.com, national media outlets including the Mail on Sunday, The Telegraph, and news channels like RT.
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